OptimoomFX
Short

CadJpy- 80 should be sold

FX:CADJPY   Canadian Dollar / Japanese Yen
After breaking the neckline support of the H&S that I ve spoken about in my previous CadJpy analysis, the pair dropped pretty quickly and reached the measured target at around 79 zone.
Now the pair is correcting this drop and a retest on 80 new resistance is not out of the question.
I will look for selling opportunities in that zone for a trade with 1:2 R:R

Comments

it's a neat technical review and great chart. looking good!
Reply
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